by | Nov 16, 2010 | Towing
The nation’s largest home improvement retailer
reported that its third quarter net earnings rose a higher-than-expected 21% due to lower expenses and cost cuts. Additionally, Home Depot raised its fiscal 2010 earnings outlook….
by | Nov 16, 2010 | Towing
Panasonic Corp. (PC) will begin selling its own smartphone in Japan in 2011 and overseas in 2012.
The new phone will use the Google (GOOG) Android operating system, Reuters reported.
Panasonic stopped selling phones overseas in 2006 and is forecast…
by | Nov 16, 2010 | Towing
Abercrombie & Fitch (ANF) reported earnings of 56 cents per share for the quarter ending Oct. 30, up from 44 cents per share a year earlier.
Net sales rose 18% to $885.8 million, including direct-to-consumer sales, the retailer said in a statemen…
by | Nov 16, 2010 | Towing
In the first 10 days after its launch, Microsoft (MSFT) said that it has sold more than 1 million of its hands-free Kinect gaming systems.
The software giant is hoping that the Kinect, which plugs into an Xbox and lets you play games just by moving y…
by | Nov 16, 2010 | Towing
Flawed foreclosure paperwork could inflict huge losses on the nation’s top banks and spread chaos through the housing market, according to a congressional report.
Accusations that major mortgage lenders including Bank of America Corp. (BAC), used fla…